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Demonetisation fallout: TRS unlikely to hold midterm celebrations in December

Our party leadership has second thoughts on organising celebrations.

Published: 21st November 2016 02:24 AM  |   Last Updated: 21st November 2016 02:24 AM   |  A+A-

By Express News Service

HYDERABAD: Demonetisation of Rs 500 and Rs 1,000 currency notes appears to be dampening the enthusiasm of ruling TRS to celebrate the completion of its midterm in the office with a bang, besides creating doubts in its mind over successful implementation of all its flagship programmes by the 2019 general polls.

Against the backdrop of demonetisation, the party leadership is learnt to have decided to put off its plans
to hold celebrations across the state from December 2 for a week to mark the completion of two-and-a-half year rule of the state government.

“Suddenly the government is facing a financial crunch as the state’s economy has been pushed into the doldrums because of cancellation of big notes. Our party leaders at various levels are also bearing the brunt of demonetisation. Hence, it would be difficult not only to make arrangements for celebrations but also to mobilise people to the programmes. Hence, our party leadership has second thoughts on organising celebrations,” a TRS leader disclosed.

Another argument within the party circles is that even if the party leaders make some efforts to bring people for the proposed programmes and public meetings of the party by spending money, people might not turn up as their entire concentrations are now focused on how to face the problems stemmed from demonetisation.

“People are now busy with exchanging their old notes with new ones at banks. Some of the low-income group people have lost their livelihood because of the ailing economy. So, even if we organise any celebrations, we may be left out with less number of attendants,” a TRS MLA commented.

Besides this, the party leaders are also worried that the sudden drop in the monetary transactions in the state might have the negative impact on the implementation of welfare schemes and ongoing projects.
“Our party top brass is worried that the reduced state’s income might affect the implementation of state government’s flagship programmes such as Mission Bhagiratha, Mission Kakatiya and construction of
two bedroom houses,” the MLA said.



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